NonprofitsMichigan City Economic Development Corporation

Michigan City Economic Development Corporation

MICHIGAN CITY, IN

Total revenue

$861K

Total expenses

$834K

Net assets

$901K

Grants received

$42K

2 grants

EIN

237258115

Tax year

2024

Mission

Economic development / job creation

Programs

2 programs

Employed a full-time economic development director and staff to recruit new industial and manufacturing businesses to locate in michigan city (includes payroll taxes and benefits). In addition, the organization maintained an office to coordinate its efforts.

Expenses: $253K

Staff attended various conventions, trade shows, etc to market michigan citys industrial sites and business incentives. Also hosted a dinner to recognize business within the community. Organization was a member of local and state organization involved in economic development. Commissioned a strategic plan to guide future efforts. Made contributions to charitable organizations.

Expenses: $50K

Financials

FY 2024

Revenue

Contributions & grants$470K
Program service revenue$384K
Investment income$7K
Other revenue
Total revenue$861K

Expenses

Grants paid
Salaries & benefits$425K
Fundraising$3K
Other expenses$408K
Total expenses$834K
Total assets$1.0M
Net assets$901K

People

16 listed

NameRoleCompensation

LINDA SIMMONS

PAST CHAIR

Board

5 hrs/wk

BRENDA TEMPLE

SECRETARY

Board

5 hrs/wk

KATIE EATON

BOARD MEMBER

Board

5 hrs/wk

DENISE CONLON

BOARD MEMBER

Board

5 hrs/wk

BARBARA EASON-WATKINS

BOARD MEMBER

Board

5 hrs/wk

SCOTT NEWCOMB

BOARD MEMBER

Board

5 hrs/wk

DALIA ZYGAS

BOARD MEMBER

Board

5 hrs/wk

DEAN MAZZONI

BOARD MEMBER

Board

5 hrs/wk

DUANE PARRY

BOARD MEMBER

Board

5 hrs/wk

DON BABCOCK

BOARD MEMBER

Board

5 hrs/wk

STEPHANIE OBERLIE

BOARD MEMBER

Board

5 hrs/wk

JESSICA BAILEY

BOARD MEMBER

Board

5 hrs/wk

BILL HACKNEY

CHAIRPERSON

Board

10 hrs/wk

SETH SPENCER

VICE CHAIR

Board

5 hrs/wk

STEVE KRING

TREASURER

Board

5 hrs/wk

CLARENCE HULSE

EXCUTIVE DIRECTOR

Board

40 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$27K
REIMAGINING MICHIGAN CITY - PRISON RELOCATION STUDY
2024

Funded by

$42K from 2 funders · 2 grants · 2023–2024

Details

EIN237258115
Subsection04
Ruling date1973-02
Formed1972
Employees5
MICHIGAN CITY ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo